Premium Only Plans (POPs)

Give your clients the ability to allow employees to pay for their portion of group insurance premiums tax free with Premium Only Plans (POPs). Employees can save 20% or more on insurance premiums with a POP, just by purchasing the same benefits they buy every year, including:

Health

Prescription

Dental

Vision

Employee Group Term Life (up to $50,000)

Voluntary Benefits

HSA Funding

As health care expenses change, employee elections are adjusted allowing the purchase to be made with pre-tax dollars. While employees are increasing their take-home pay, employers save the matching payroll taxes, and potentially Federal and State unemployment taxes. A POP offers a win-win situation for employers and employees alike.

We also offer non-discrimination testing of key employees in regard to eligibility, contributions allowed and benefits provided. This additional POP service occurs annually to help keep employers compliant.